LANDSTAR SYSTEM INC (LSTR) Form 8-K — Oct 27, 2026
$LSTRForm 8-KItems 2.02, 7.01, 9.01Filed Oct 27, 2026, 4:22 PM ET0001193125-26-434270Original filing
Landstar System reported 3Q 2026 revenue of $1.512 billion, up 25% YoY, with EPS of $1.42, up 154% from $0.56, as truck revenue rose 29% on strong pricing (revenue per load up ~25%). Results were dampened by highly elevated insurance and claim costs of $55.3 million, including $13.0 million of adverse actuarial reserve adjustments and $8.0 million of prior-year claim development, but net BCO truck count grew by 165, the best quarterly addition since 3Q 2021.
Key figures
- Eps
- 1.42
- Revenue
- 1511787000
- Net Income
- 48043000
- Total Assets
- 1807715000
- Cash Position
- 351000000
- Ytd Eps
- 4.02
- Q3 Buybacks
- $41.4M (232,645 shares)
- Ytd Revenue
- 4115342000
- Gross Profit
- 126547000
- Trailing Roe
- 19%
- Ytd Buybacks
- $64.0M (383,568 shares)
- Truck Revenue
- 1407000000
- Operating Income
- 65540000
- Operating Income Yoy
- 149.0%
- Net Bco Truck Additions
- 165
- Variable Contribution
- 212066000
- Insurance And Claims Costs
- 55300000
- Return On Invested Capital
- 18%
- Prior Year Claim Development
- 8000000
- Quarterly Dividend Per Share
- 0.44
- Adverse Actuarial Adjustments
- 13000000
- Remaining Buyback Authorization
- 882550
AI analysis
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